Baltic index hits a month’s low on weaker demand

The Baltic Exchange’s main sea freight index fell to its lowest level in a month on Thursday as lower demand weighed, with the panamax index declining for a ninth consecutive session. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels that carry dry bulk commodities, dropped 66 points, or 2.1%, …

The post Baltic index hits a month’s low on weaker demand first appeared on Hellenic Shipping News Worldwide.

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